#FuturesTrades is
free along with being a serious professional trading chat room and any trader can use the chat room to post their trades or commentaries involving futures, exchange traded funds or forex currencies.
This is not a signal calling chat room nor is the chat room designed to be educational. #FuturesTrades is designed to be a
trade journal for documentation purposes only so that members can have a time stamp archive of trades and market commentaries of each trading day so that they can better understand their broker statements from one trade to the next trade when they review their performance numbers on any given trading day. Yet, you will see members providing useful
trading tips that may or may not help with your trading.
Therefore, we welcome all traders with their own methods or different perspective of the markets as long as they do not violate our
Terms of Use (TOU) Policy.
Thanks for reading the trades or market commentaries that's below and it's highly recommend you make reading of the logs a part of your trading routine because you will sometimes find useful
trading tips not discussed anywhere else online nor in any books.
Posted by M.A. Perry
Trader and Founder of
WRB Analysis (wide range body analysis)
------------------------
Session Start: Wed Mar 10 09:22:12 2010
Session Ident: #FuturesTrades
[09:22] * Now talking in #FuturesTrades
[09:22] <@X> [NihabaAshi] Announcement: The new trade posting script v3.7 (replaces v3.6) is posted at your forum in the "Announcements" thread.
[09:29] <drt>
everyone
[09:30] <Sidhartha>
all
[09:38] <mo2t>
all
[09:38] <rickf>
all
[10:00] * codehead_afk is now known as codehead
[10:02] <JimL1> nq leading this am
[10:03] <@wrbtrader> I got data problems today...I think...
[10:03] <+JimL1> gc seemed to stop the opening advance, nq got it going back up
[10:03] <@wrbtrader> I'm getting quotes for TF every 2mins it looks like.
[10:03] <+JimL1> no help from cl 6E
[10:03] <@wrbtrader> everything else with other symbols seem ok
[10:04] <screenstruck> I am having issues in esignal in TF
[10:04] <+screenstruck> i think its a rollover issue
[10:04] <+screenstruck> with TF on ICE
[10:04] <@wrbtrader> rollover...that's not today
[10:04] <@wrbtrader> That's Thursday
[10:04] <+screenstruck> true....
[10:04] <@wrbtrader> Ok...if you got the same problems as data stalls or missing minutes of data...
[10:05] <+screenstruck> i am just thinking if esignal has their mechanisms straight with ICE
[10:05] <+screenstruck> not seeing it in any globex products
[10:05] <+Sidhartha> I'm seeing TF fine via IQ Feed
[10:05] <@wrbtrader> I'm not going to worry about it because now I now it's not my computer
[10:05] <+screenstruck>
[10:06] <@wrbtrader> screenstruck...I have them on the phone right now...
[10:06] <+screenstruck> cool
[10:06] <+screenstruck> I am just trading off of my TT charts
[10:06] <@wrbtrader> They said there's "nothing wrong and it's my system".
[10:07] <+screenstruck> heh
[10:07] <@wrbtrader>
[10:07] <@wrbtrader> Just had 3 buddies on twitter confirm the same problem with TF
[10:08] <+screenstruck> yeah its only TF and looks like esignal
[10:08] <+screenstruck> broker is fine
[10:08] <@wrbtrader> Same here.
[10:08] <@wrbtrader> It's just my data vendor
[10:08] <+Sidhartha> NQ kicking ass
[10:09] <+screenstruck> and Sid says IQfeed fine
[10:09] <@wrbtrader> Oh well...I missed a buy signal yesterday out of the gate and didn't get anymore opportunities to get long in that big move to the upside.
[10:09] <@wrbtrader> Now it's happen again today
[10:09] <+screenstruck> comeone WRB !!!!
[10:10] <+screenstruck> I am not used to you not killing it
[10:10] <@wrbtrader> I got a total of 7 quotes for TF
[10:10] <+screenstruck> ok mine isnt that bad
[10:10] <+screenstruck> just choppy
[10:11] <@wrbtrader> 0932, 0947, 0951, 0959, 1005, 1008 and 1010.
[10:11] <@wrbtrader> You can imagine what my chart looks like with 7 ticks of data
[10:12] <@wrbtrader> However, I can tell via what I have...TF is going higher
[10:12] <+screenstruck> heh
[10:13] <+Sidhartha> sure is...
[10:14] <+Sidhartha> YM really lagging
[10:14] <+screenstruck> yeah
[10:14] <+screenstruck> barely broke high
[10:14] <+screenstruck> Sid, what intrument do you trade?
[10:14] <+codehead> ES gap filed
[10:15] <+Sidhartha> screen I switch around actually... any of 4... YM, TF, ES or even tried a little NQ recently
[10:15] <+screenstruck> same here
[10:15] <+screenstruck> just avould ES
[10:15] <+screenstruck> the fill makes my eyes bleed
[10:16] <+Sidhartha> yeah... tick size is too big relative to it's vol I find
[10:16] <+Sidhartha> vol = volatility
[10:16] <+screenstruck> agree
[10:17] <+JimL1> tf shook me out on the gc pullback & didn't get back in, what a shame its exploded past highs
[10:17] <+JimL1> Shorts TF @ 674 «« simulator »»
[10:18] <+JimL1> 2
[10:18] <+JimL1> Covered 1/2 TF Short @ 673.5 --> + 0.5 «« simulator »»
[10:20] <+JimL1> Covered Remainder TF Short @ 63.1 --> + 610.9 «« simulator »»
[10:20] <+JimL1> 673.1
[10:23] <@X> #FuturesTrades Purpose -> Members use this room to document (trade journal) their trades and thoughts from one trade to the next trade because it provides critical information they can't get from broker statements nor statistics. Also, mimicking the trades by others is not recommended. More info about the chat room @
http://www.thestrategylab.com/ftchat/forum[10:31] <+codehead> short 1914.50 NQ
[10:31] <+codehead> eh, big chicken, already filled for a pt
[10:33] <+codehead> oil pop
[10:33] <+codehead> on inv
[10:33] <+codehead> tick extreme
[10:34] <+codehead> ES exceeded previous reg session high of past year by a tick
[10:37] <+JimL1> missed too many enteries long this & got small countertrned shorts - gotta gtake a break & regroup
[10:44] <+codehead> i had a level at 1917.00 then 1923.50 on NQ
[10:58] <+codehead> short NQ 1916.25 <paper> 2.00 stop
[10:59] <+codehead> based on indicator strength, not quite the conviction to take it, want to track it
[11:00] <+codehead> oil rocking
[11:01] <+codehead> NQ might pop the top
[11:03] <+codehead> yep, stop hit, out -2.00 NQ <paper>
[11:03] <+codehead> broken divergence
[11:05] <+Sidhartha> tricky price action
[11:05] <+screenstruck> grindup
[11:09] <+codehead> globex high of year on ES was 1148.00, i think--hit that
[11:13] <TraderG> what a day. cannt climb aboard. THE TRAIN HAS LEFT THE STATION WITHOUT ME
[11:13] <+codehead> the train makes other stops throughout the day ;-)
[11:15] <+TraderG> that's true but these are short stops and I cannt make it to those stations in time
[11:16] <+codehead> short NQ 1917.00 <paper>
[11:17] <+codehead> 2.00 stop
[11:17] <+codehead> well, anticipate where it will be 2 hours form now, and take a cab there
[11:21] <+codehead> too bad this train doesn't have a schedule
[11:23] <+codehead> my stop should be 1919.25 <paper>
[11:28] <+Sidhartha> bad day to quit sniffing glue
[11:30] <+codehead> B-)
[11:34] <+codehead> stopped -2.25 NQ <paper>
[11:39] <+codehead> had a feeling it would jsut hit my stop--lol
[11:40] <+codehead> wasn't thinking, put it 3 ticks above res, but that's for ES, not NQ
[11:40] <+codehead> NQ needs more room
[11:53] <@X> #FuturesTrades Purpose -> Members use this room to document (trade journal) their trades and thoughts from one trade to the next trade because it provides critical information they can't get from broker statements nor statistics. Also, mimicking the trades by others is not recommended. More info about the chat room @
http://www.thestrategylab.com/ftchat/forum[12:03] <jbuch> Long ES @ 1145.25
[12:06] <+jbuch> Exited all ES Long @ 1144.25 --> - 1
[12:11] <+JimL1> lunchtime movement, this could be meaningful overall
[12:12] <+JimL1> blowoof top & sudden reversal back down
[12:14] <+Sidhartha> Gold & dollar seemed the early indicator... susequently backed by oil
[12:17] <+JimL1> looks obvious now, good pt S, marking this action for future refernces
[12:18] <+JimL1> Shorts TF @ 671.8 «« simulator »»
[12:18] <+JimL1> 3
[12:18] <+JimL1> Covered 1/3 TF Short @ 671.3 --> + 0.5 «« simulator »»
[12:20] <+JimL1> Covered Remainder TF Short @ 671.6 --> + 0.2 «« simulator »»
[12:31] <+jbuch> hard to take thes shorts the retracents keep going a lil to far back up for me to trust them
[12:31] <+TraderG> what happened
[12:31] <+TraderG> last i looked we were going up
[12:31] <+TraderG>
????
[13:13] <+jbuch> Long ES @ 1142.5
[13:18] <+rickf> fading JB @ 1144.75
[13:20] <@X> #FuturesTrades Purpose -> Members use this room to document (trade journal) their trades and thoughts from one trade to the next trade because it provides critical information they can't get from broker statements nor statistics. Also, mimicking the trades by others is not recommended. More info about the chat room @
http://www.thestrategylab.com/ftchat/forum[13:24] <+codehead> the train goes both way, G
[13:27] <+rickf> exit 1144.50 +.25
[13:27] <+rickf> feeling chop coming up
[13:30] <+rickf> GRR
Session Close: Wed Mar 10 13:35:51 2010
Session Start: Wed Mar 10 13:35:51 2010
Session Ident: #FuturesTrades
[13:35] * Disconnected
[13:36] * Attempting to rejoin channel #FuturesTrades
[13:36] * Rejoined channel #FuturesTrades
[13:36] <@X> [NihabaAshi] Announcement: The new trade posting script v3.7 (replaces v3.6) is posted at your forum in the "Announcements" thread.
[13:38] <+rickf> both could have made $ on that one ... heh.
[13:38] <+jbuch> got taken out earlierhad to leave the computer
[13:38] <+codehead> large NQ bid at 1916.00, didn't go away when hit, so far
[13:39] <+jbuch> originally had my target at 44.75
(
[13:39] <+rickf> ;(
[13:39] <+rickf> i was looking at 43.75 myself on the short side
[13:39] <+jbuch> got greedy
[13:41] <screenstruck> its gone codehead
[13:41] <+screenstruck> and didnt show up in tape or volume
[13:41] <+codehead> still there for me
[13:41] <+screenstruck> ok i see it now
[13:42] <+codehead> gone now
[13:42] <+jbuch> Long ES @ 1143.75 -> small size
[13:43] <+screenstruck> yup
[13:44] <+jbuch> see if this is a shallow retracment or a final flag
[13:50] <+jbuch> Exited all ES Long @ 1144 --> + 0.25
[13:50] <+codehead> rollover tomorrow
[13:50] <+rickf> yep
[13:51] <+jbuch> nice swings today and yesterday
[13:51] <+Sidhartha> is it me, or is this like trying to sew a couple of jellies together today...
[13:51] <+jbuch> the onlyfull day that I have had this week was monday which is one of the crappiest daysI have ever had the displeasure of trading
[13:59] <+rickf>
[14:11] <+rickf> well i was right, ES just chopping around - glad i got out
[14:12] <+jbuch> Long ES @ 1145.25
[14:14] <+rickf> test
[14:17] <+jbuch> Exited all ES Long @ 1146.25 --> + 1
[14:18] <+jbuch> this will be the one that pops
[14:19] <+jbuch> come on back down here
[14:22] <+codehead> short 1918.00 NQ <paper>
[14:22] <+codehead> stop over 1920
[14:22] <+codehead> hm, entered on bar pattern but other indies not my way yet
[14:26] <+codehead> exit NQ +.50 <paper>
[14:26] <+codehead> no signal yet
[14:27] <+codehead> that's -.50
[14:30] <+codehead> short NQ 1918.75 <paper> stop over 1920
[14:35] <+codehead> pretty dang strong
[14:42] <mo2t> jbuch there is some strong ress on ES, is not there?
[14:43] <+codehead> 1149-50
[14:44] <+codehead> besides hod, which was a tick over globex high of the past year
[14:44] <+codehead> should get a move here soon
[14:45] <+codehead> macd bb's pinching
[14:46] <+codehead> NQ seems destined to squeeze shorts
[14:46] <+codehead> and i don't have a res at 1920
[14:47] <+codehead> yep, stopped -1.25 NQ <paper>
[14:48] <+jbuch> had an order to go long at 1146.25 for 5 min never filled
[14:50] <@X> #FuturesTrades Purpose -> Members use this room to document (trade journal) their trades and thoughts from one trade to the next trade because it provides critical information they can't get from broker statements nor statistics. Also, mimicking the trades by others is not recommended. More info about the chat room @
http://www.thestrategylab.com/ftchat/forum[14:51] <+jbuch> Shorts ES @ 1146.25
[14:54] <+jbuch> Covered all ES Short @ 1146 --> + 0.25
[14:55] <+jbuch> broke my rules there bulls and bears are in agreement here did not want to be in a short at the bottom of it
[15:07] <+jbuch> Long ES @ 1145.25
[15:12] <+rickf> this market is a-noy-ing
[15:15] <+jbuch> Exited all ES Long @ 1146.25 --> + 1
[15:16] <+codehead> nice
[15:16] <+jbuch> thanks
[15:16] <+codehead> all the macd's bounced at zero
[15:16] <+codehead> YM NQ ES
[15:17] <+codehead> pretty divergent here tho
[15:24] <+jbuch> great looking bear set up if it fails will try and catch a long
[15:28] <+jbuch> that great looking bear setup turned into a great bear setup
[15:29] <+codehead> yeah shoot
[15:29] <+codehead> waffled abotu taking YM short, since it's late int eh day and i only have one trade done, but dang, 20 pt already, quick
[15:30] <+rickf> shoot
[15:30] <+jbuch> crap ola
[15:31] <+codehead> the divergence was especially strong on YM
[15:51] <+codehead> tick seems to favor dow closing green, but bears not givining up yet
[15:52] <+rickf> hrmm ES high of year is 1148 ... we hit it once today and bounced down
[15:58] <+codehead> yeah that was previous globex high
[15:59] <+codehead> we broke reg session high
[16:02] <+rickf> ok guys off for webcast. see you tomorrow
[16:02] <+codehead> cya
[16:14] <falcon> [3:11p] <falcon> Just a reminder Daylight Savings Time begins March 14.
[16:14] <falcon> [3:11p] <falcon> Triple witching end of next week.
[16:20] <@X> #FuturesTrades Purpose -> Members use this room to document (trade journal) their trades and thoughts from one trade to the next trade because it provides critical information they can't get from broker statements nor statistics. Also, mimicking the trades by others is not recommended. More info about the chat room @
http://www.thestrategylab.com/ftchat/forumSession Close: Wed Mar 10 18:13:13 2010
-------------------------
#FuturesTrades is
free and is a serious professional trading chat room in which any trader can use the chat room to post their trades or commentaries involving futures, exchange traded funds or forex currencies. Simply, you don't need to be a client of TheStrategyLab.com to use the chat room nor do you need to be a price action only trader (no indicators) because some members use indicators while others do not.
Therefore, we welcome all traders with their own methods and different perspective of the markets. To gain access to #FuturesTrades...please follow the instructions at the below link.
http://www.thestrategylab.com/ftchat/forum/viewforum.php?f=5The purpose of #FuturesTrades is that it's designed to be a
trade journal for documentation purposes only so that members can have a time stamp archive of trades and market commentaries of each trading day so that they can better understand their broker statements from one trade to the next trade when they review their performance numbers on any given trading day.
Further, members are not obligated to educate nor help other members but members are encourage to ask questions about any trades or market commentaries that's posted by others.
In addition, our primary job in the
free chat room is to moderate the room (keep the peace) because with so many members using different methods along with different opinions about the market...debates or arguments can easily flare up without moderating. In addition, our presence in the chat room is to ensure it's a
spam free chat room during trading although these archived chat logs may contain advertisments for guest visitors. More information about #FuturesTrades @
http://www.thestrategylab.com/FuturesTradesChatRoom.htm Commonly discussed trading instruments from futures, exchange traded funds and forex currencies:
CME Emini Futures EMD, ES and NQ
ICE Emini TF Futures (formerly CME ER2)
CBOT mini-sized Dow Futures YM
Eurex Index Derivatives (futures) DAX and DJ Euro Stoxx50
Eurex Fixed Income Derivatives (futures) BUND, BOBL and Schatz
Euronext Futures FTSE-100 and CAC-40
CME Futures EuroFX 6E and EC
Treasury Futures T-Notes ZT, ZN, ZF and T-Bonds ZB
Forex Currencies GBPUSD, EurUsd, EurYen and UsdCdn
Exchange Traded Funds BGU, DIA, FAS, FAZ, GLD, IWM, QQQQ, SPY, OIH, TNA and XLE
NYMEX Energy Futures Light Crude Oil CL, e-miNY QM and Natural Gas NG
COMEX Metal Futures Gold GC, mini-Gold YG, Copper HG and Silver SI
Hang Seng Index Futures HSI and mini-Hang Seng MHI
Also, to prevent the usual mix-up about our different chat rooms, most of our fee-base clients do not use chat rooms just like most retail traders do not use chat rooms. Yet, the few clients that do use chat rooms, our fee-base clients are discussing market analysis or trade signals via concepts from our strategies in the
private chat rooms called
#VolatilityTradingTSL or
#SwingTradingTSL and they're not allowed to do such in #FuturesTrades.
Reminder, our
Terms of Use (TOU) Policy is a must read to prevent any misunderstandings along with revealing that #FuturesTrades is a serious professional trading chat room and we expect members to act
professional. Also, these logs may have been edited (rarely) to remove any messages that a member has complained to me via private message that they consider a particular commentary to be inappropriate, offending or too far in the off topic area that's a distraction when the commentary was posted.
Note: All logs regardless to their location at TheStrategyLab.com website are eastern standard time. Best Regards,
M.A. Perry
Trader and Founder of
WRB Analysis (wide range body analysis)
@
http://twitter.com/wrbtrader Phone: +1 708 572-4885
Business Hours: 8am - 5pm est (Mon - Fri)
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